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Showing 2751 - 2760 of 3920 results for "law"

ATO to clamp down on multinationals and trusts

MARK SMITH  |  TUESDAY, 16 JUL 2013
... agencies to tackle the misuse of trusts. "We will work with other agencies where necessary to ensure the full force of the law is used against those involved in schemes aimed at avoiding or evading tax obligations," Quigley said. "Each year we improve ...

Govt introduces new infra tax break

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
... infrastructure projects considered to be 'nationally significant', and amends rules around the use of prior year losses. Current law states that an investing entity can only take advantage of prior losses if it satisfies a 'continuity of ownership test' ...

US delays tax avoidance law by 6 months

MARK SMITH  |  MONDAY, 15 JUL 2013
The US Treasury Department has postponed a new law designed to crack down on offshore tax avoidance by US citizens by six months. The Foreign Account Tax Compliance Act (FACTA) requires foreign banks, insurance companies and asset managers to report ...

Storm claim unfair and baseless: CBA

LAURA MILLAN  |  MONDAY, 15 JUL 2013
Commonwealth Bank (CBA) has strongly reacted to the news that Storm Financial victims' lawyer will start legal proceedings against the $136 million settlement that the bank reached with the Australian Securities and Investments Commission (ASIC) last ...

Former ANZ, UBS exec to head new Bennelong division

MARK SMITH  |  MONDAY, 15 JUL 2013
Bennelong Group has appointed Fiona Rowland to lead its new national wealth management and advisory business. The new business is aimed specifically at providing products and services to high net worth and ultra-high net worth investors. Bennelong intends ...

Storm lawyers take ASIC and CBA to court over settlement

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
Storm Financial litigator Levitt Robinson Solicitors have questioned the $136 million settlement reached by the Australian Securities and Investments Commission (ASIC) and Commonwealth Bank last year. Levitt Robinson has filed a case against both organisations ...

US regulator lifts hedge fund advertising ban

MARK SMITH  |  FRIDAY, 12 JUL 2013
The US regulator has lifted a ban, allowing hedge funds to advertise to the general public for the first time in 80 years. The ban was intended to protect unsophisticated investors from high risk, illiquid investment pools. The Securities and Exchange ...

ASIC slaps permanent ban on insurance claim manager

MARK SMITH  |  WEDNESDAY, 10 JUL 2013
ASIC has permanently banned a Victorian insurance claims manager from providing financial services after an investigation found he fraudulently pocketed more than $1 million. Travers David Loy, of Heathmont in Victoria, was the national claims manager ...

netwealth expands its board of directors

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
... board. "Her strategic insights from senior leadership roles in platforms and funds management, as well as in financial services law, will be a real advantage for us." Mulligan said the netwealth's diverse offerings in the financial services space provides ...

Newpin SBB benefits from international legal expertise

JAMES FERNYHOUGH  |  TUESDAY, 9 JUL 2013
Law firm Allen & Overy has announced that it has advised Social Ventures Australia on their $7 million Social Benefit Bond (SBB), issued earlier this year. The SBB is the first of its kind in Australia, and will fund the UnitingCare Burnside Newpin ...